Texas Bakery Controller Cooked Books for $16M

The former head honcho of accounting at a well-known Texas bakery is accused of taking a huge and illegal piece of the pie. A federal grand jury indicted Sandy Jenkins on charges he embezzled more than $16 million over 8 years.

Prosecutors say Jenkins supplemented his $50,000 yearly salary by stealing bakery funds and using that extra dough to live a life of luxury with his wife, Kay, who has also been charged in this indictment.

From private trips on jets and a $700,000 vacation home to a Mercedes and a multi-million dollar watch and jewelry collection.

But Jenkins' sweet deal ended when the FBI came knocking last year, seizing an assortment of riches, including a Louis Vuitton luggage set, his vast collection of art and wine and even a bar of gold.